Common use of Required Notice of Sale Clause in Contracts

Required Notice of Sale. In exercising its rights, powers and remedies as secured party, the Administrative Agent, on behalf of the Secured Parties, agrees to give the Borrowers ten (10) days' notice of the time and place of any public sale of Collateral or of the time after which any private sale of Collateral may take place, unless the Collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market. Each Loan Party agrees that such period and notice is commercially reasonable under the circumstances.

Required Notice of Sale. In exercising its rights, powers and remedies as secured party, the Administrative Agent, on behalf of the Secured PartiesLenders, agrees to give the Borrowers ten (10) 10 days' ’ notice of the time and place of any public sale of Collateral or of the time after which any private sale of Collateral may take place, unless the Collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market. Each Loan Party agrees Borrowers agree that such period and notice is commercially reasonable under the circumstances.

Required Notice of Sale. In exercising its rights, powers and remedies as secured party, the Administrative Agent, on behalf of the Secured PartiesHolders of the Obligations, agrees to give the Borrowers ten (10) 10 days' ’ notice of the time and place of any public sale of Collateral or of the time after which any private sale of Collateral may take place, unless the Collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market. Each Loan Party agrees Borrowers agree that such period and notice is commercially reasonable under the circumstances.

Required Notice of Sale. In exercising its rights, powers and remedies as secured party, the Administrative Agent, on behalf of the Secured PartiesHolders of the Obligations, agrees to give the Borrowers ten (10) 10 days' ’ notice of the time and place of any public sale of Collateral or of the time after which any private sale of Collateral may take place, unless the Collateral is perishable or threatens to decline speedily in value or is 82 of a type customarily sold on a recognized market. Each Loan Party agrees Borrowers agree that such period and notice is commercially reasonable under the circumstances.